The Byjus sold shares worth over $400 mn over 8 years

While the secondary sale of shares is not radical, it is important in this case because the Byju’s promoters have amassed massive wealth even as the company struggles

4 July, 20231 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
The Byjus sold shares worth over $400 mn over 8 years

You may also like

Business
Story image

A mixed bag of a year for Reliance Industries

Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.

Business
Story image

Registered investment advisers face an existential threat

Fewer than 1,000 of them remain, hobbled by fee caps, high compliance costs, and an uneven playing field with MF distributors

Business
Story image

The Gulf Report: Abu Dhabi National Hotels takes a hit as war chills tourism

The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.